RLX Technology (RLX) Equity Ratio (2019 - 2026)
RLX Technology (RLX) reported Equity Ratio of 0.91 for Q1 2026, up 3.81% quarter-over-quarter from 0.88 in Q4 2025.
RLX Technology (RLX) Equity Ratio (2019 - 2026) Analysis & Trends
RLX Technology has reported Equity Ratio for 8 years, with the latest figure at 0.91 in Q1 2026.
- For the quarter ending Q1 2026, Equity Ratio changed N/A year-over-year to 0.91; the trailing twelve-month figure through Mar 2026 stood at 0.91 (changed N/A YoY), and the FY2025 full-year result was 0.87, down 7.99% from the prior year.
- Equity Ratio for Q1 2026 stood at 0.91, up from 0.88 in the prior quarter.
- The five-year high for Equity Ratio was 0.96 in Q3 2023, with the low at 0.85 in Q1 2022.
- Historically, Equity Ratio has averaged 0.93 across 5 years, with a median of 0.95 in 2022.
- Annual changes were most pronounced in 2022 — Equity Ratio rose 14.86% — and 2025, when it dropped 7.41%.
- RLX Technology's Equity Ratio stood at 0.95 in 2022, then gained by 0.77% to 0.96 in 2023, then decreased by 0.88% to 0.95 in 2024, then retreated by 7.41% to 0.88 in 2025, then grew by 3.81% to 0.91 in 2026.
- The last three Equity Ratio figures came in at 0.91 (Q1 2026), 0.88 (Q4 2025), and 0.95 (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn | -0.11 |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn | -0.09 |
| 3 | British American Tobacco p.l.c | 45.84 Bn | 40.53 Bn | - | 0.42 |
| 4 | Turning Point Brands | 1.66 Bn | 1.49 Bn | 68.30 Mn | 0.50 |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 Mn | 0.53 |
| 6 | RLX Technology | 355.86 Mn | -269.04 Mn | 73.10 Mn | 0.91 |
| 7 | Ispire Technology | 97.40 Mn | 79.11 Mn | 1.99 Mn | -0.21 |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn | 0.29 |
| 9 | Greenlane Holdings | 11.69 Mn | -26.54 Mn | 217,000.00 | 0.89 |
| 10 | 22nd Century | 2.50 Mn | -7.04 Mn | -636,000.00 | 0.70 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.91 |
| Dec 31, 2025 | 0.88 |
| Dec 31, 2024 | 0.95 |
| Mar 31, 2024 | 0.96 |
| Dec 31, 2023 | 0.96 |
| Sep 30, 2023 | 0.96 |
| Dec 31, 2022 | 0.95 |
| Mar 31, 2022 | 0.85 |
| Dec 31, 2021 | 0.83 |
| Sep 30, 2021 | 0.82 |
| Jun 30, 2021 | 0.79 |
| Mar 31, 2021 | 0.82 |
| Dec 31, 2020 | 0.37 |
| Dec 31, 2019 | 0.07 |